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Thread: Where did the money for idle Stuttgart org go?

  1. #1

    Default Where did the money for idle Stuttgart org go?

    Stuttgart Org wants to become idle org, they say. They collected funds specifically for this. Now, they told the press that they do not find premises and moved to a quite downstat place in a more industrial part of town. That just doesn't make any sense. Could it be that the money they collected is already on RTC accounts?


    http://www.stuttgarter-zeitung.de/st...pandieren.html

  2. #2
    Patron Meritorious Krautfag's Avatar
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    A) They didnt raise money for anything else than the shabby new place.

    or

    B) Usually the funds for the ideal org go to a church controlled fund. The org then BORROWS back the money from the fund and buys the new place, paying the cash back to the fund and so paying double for it. It might well be that the cash is being passed around at moment and their rent contract ran out.

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    Quote Originally Posted by Krautfag View Post
    or

    B) Usually the funds for the ideal org go to a church controlled fund. The org then BORROWS back the money from the fund and buys the new place, paying the cash back to the fund and so paying double for it.
    Nice tech... Now I understand why they don't really wanna find a new place...

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    Squirrel Extraordinaire Dulloldfart's Avatar
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    Quote Originally Posted by Krautfag View Post
    B) Usually the funds for the ideal org go to a church controlled fund.
    Agreed.

    The org then BORROWS back the money from the fund and buys the new place, paying the cash back to the fund and so paying double for it. It might well be that the cash is being passed around at moment and their rent contract ran out.
    Got any dox on that? It's the first I've heard of it.

    Paul
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    Patron Meritorious Krautfag's Avatar
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    Quote Originally Posted by Dulloldfart View Post
    Got any dox on that? It's the first I've heard of it.

    Paul

    You are right.

    No dox so far, so I better shut up

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    You are right.

    No dox so far, so I better shut up

    Yes be quiet
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    Quote Originally Posted by Krautfag View Post
    B) Usually the funds for the ideal org go to a church controlled fund. The org then BORROWS back the money from the fund and buys the new place, paying the cash back to the fund and so paying double for it. It might well be that the cash is being passed around at moment and their rent contract ran out.
    No. The money is used to buy the org property, but then this property is in the name of the international goons. The goons then rent the building to the local scis. Same result though.

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    When people donate to the Idle Org, are they informed that the money will go to the CoS who will then loan the money back to the local org to buy their Idle Org and then the org will have to pay the CoS rent?

    Is this not illegal in some way - like fraud or something?

    Wouldn't this make a good story for the press to run - showing what outright criminals they are?
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    Squirrel Extraordinaire Dulloldfart's Avatar
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    Quote Originally Posted by themadhair View Post
    No. The money is used to buy the org property, but then this property is in the name of the international goons. The goons then rent the building to the local scis. Same result though.
    I heard that the CofS used to do this then stopped charging rent because of all the ensuing noise.

    Anyone know for sure how it works with a recent Ideal Org?

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